CFO Schulz has lost his mind after a year

The armored vehicle repairer Renk came to a new CFO: Anja Mänz-Siebje, the Time Leader Corporate Finance and CFO of Renk GmbH, established on October 1, 2024 at the Konzernebene for finance and IT activities. Before you get to Renk, the war goes on with other people at Bayer and Siemens Energy aktiv.

At Renk, the man who now sat on his new CFO Christian Schulz, followed the advisory board of his personal Gründen a former Auflösung who had no equity until 2026, when the Vertrags were bitten, he is of Renk. There is a dichotomy that the private equity investor Triton lets know that he came to the market on September 30, 2024. If the manager does not see it, it is not possible.

CFO Christian Schulz initiated Renk’s IPO

Supervisory director and Triton German chef Claus von Hermann cooked Schulz’s role at Renk’s IPO in those years: ‘Christian Schulz has made the Renk Group’s enterprise bigger by shaping the new structure of the company’s finances and has solidified separate Weichen for other stakeholders. If it is gilded, it is a greater thank you, but it is a matter of life.

The Armament supply war is 7. February of the first IPO of the year in Germany gelungen. The companies have more difficulty solving problems. Many things of Renk-CEO Susanne Wiegand and CFO Schulz for the start and the growth of the stock market: Beginning October passed years that the IPO of plants with a nice Verweis on the entered Marktumfeld-abgesagt have.

Schulz brought a VW-Tochter Traton and the Börse

The debt war began in June 2023 with the “Garden Leave”, also the release of the Arbeitgebers Traton, after Renk gewechselt. This is the story of Niklas Beyes, who after a while continued his life in his own way.

If Schulz goes to Renk, he will remain in the prepared preparations for the IPO. There are plans with IPOs that have the consequences: from 2018 to September 2021, the CFO of VW trucker Traton was responsible and the future of 2019 and the stock exchange. Shortly after the IPO, Schulz also set up the foreign capital page at Renk.

Renk benefits from sharper Nachfrage

Benefit from the profits of the rest facilities while the big problems in the military army are solved. “The supercycle and the turn of the times are reflected in our knowledge wider”, comments CEO Susanne Wiegand on the high service Zahlen has provided. “Renk has the best second quarter fisherman who has made an ultimate attempt in 2024 to become the first Halbjahr fisherman. All three segments have this Erfolg beigetragen”.

The group received an amount of 24 percent on an amount of 510 million euros. I had been for an amount of 410 million euros. The cleared operating performance (Ebit) amounts to 9 percent on 69 million euros (previous year: 63 million). Most free cash flows are negative and are lower than -7.5 million euros. The size of the company was all due to the build-up of the accumulated net working capital so high that its value increases.

Roads of the strong years and the German management file with a volume of 4.7 million euros, which gives a large annual forecast in the expectation of the Spanne: I am ready in 2024 with a growth of 1.1 billion euros nl . The cleared Ebit should lie between 175 and 190 million euros. The first forecast of CEO Wiegand and Noch-CFO has resulted in a debt burden of 15 million euros.

Lena Scherer is an editor at FINANCE. They studied publications, English and Comparative literature at Johannes Gutenberg University Mainz and will not use any more editorial equipment. Before you get to FINANCE, the war will last more than eight years until the Branchen-Fachdienst has an active accounting report, as Co-Editor-in-Chief. Dort has si among other market analyses mentioned as well as the area of ​​​​trade information, law/economics/tax and digitals.